Derivative Interests definition
Derivative Interests means any derivative securities (as defined under Rule 16a-1 under the Exchange Act) that increase in value as the value of the underlying equity increases, including, but not limited to, a long convertible security, a long call option and a short put option position, in each case, regardless of whether (x) such interest conveys any voting rights in such security, (y) such interest is required to be, or is capable of being, settled through delivery of such security or (z) transactions hedge the economic effect of such interest.
Derivative Interests means derivative securities (as defined under Rule 16a-1 under the Exchange Act or any successor provision thereto) and any derivative, swap or other transaction or series of transactions engaged in, directly or indirectly, by a Proposing Person or Nominee, the purpose or effect of which is to give such Proposing Person or Nominee economic risk and/or benefit similar to ownership of any security of the Corporation, including, without limitation, due to the fact that the value of such derivative, swap, option, warrant, hedge, profit interest or other transactions are determined by reference to the price, value or volatility of any security of the Corporation, or which derivative, swap or other transactions provide, directly or indirectly, the opportunity to profit from any increase in the price or value of any security of the Corporation.
Derivative Interests used in this clause shall refer to dividends and other interests that should be distributed to the holder of the shares pledged.
Examples of Derivative Interests in a sentence
Where the Superior Landlord or the Landlord so require under this paragraph 4.1, the Tenant shall enter into a deed of covenant and shall use reasonable endeavours to procure that all parties with existing Derivative Interests in the Property enter into deeds of covenant in each case within 20 Business Days of being required to do so.
The Rents, Derivative Interests, Improvements, Personal Property, Intangibles, Escrow Accounts and Claims and Awards are collectively referred to hereafter as the "Collateral".
More Definitions of Derivative Interests
Derivative Interests means derivative securities (as defined under Rule 16a-1 promulgated under the Exchange Act or any successor provision thereto) and any derivative, swap or other transaction or series of transactions engaged in, directly or indirectly, by a Proposing Person or Nominee, the purpose or effect of which is to give such Proposing Person or Nominee economic risk and/or benefit similar to ownership of any security of the Corporation;